News
Airtel Nigeria Elevates Ibrahim, Dosunmu to Regional Operations Directors

Airtel Nigeria, has announced the promotion of Muhammad Bashir Ibrahim and Oladapo Dosunmu as Regional Operations Directors for North Region and South Region, respectively.
In their new roles, Ibrahim and Dosunmu will ensure growth indices are sustained across all channels and will be responsible for implementing the right strategy to grow Airtel’s revenue market share within their regions.
They will also leverage on their distribution expertise to drive deeper penetration in their assigned regions while ensuring sustainable growth through enhanced territory development.
The company also announced the reorganization of its commercial operations to accelerate growth, drive efficiency and reclaim market leadership in the highly competitive telecoms sector.
Under the new commercial structure announced by the telco, Veronica Onoja, former Regional Operations Director (South Region) will take on a new role as Vice President, Airtel Money Operations while Wole Abu, former Regional Operations Director (North Region) will assume the position of Vice President, Indirect Sales, and tasked with managing Airtel’s strategic partners and also take full ownership of Airtel’s KYC operations to ensure compliance with statutory regulations.
Olusina Adegoke, erstwhile regional operations director (West Region) has been reassigned as Regional Operations Director (Lagos Region) while Femi Oshinlaja, former Vice President, Airtel Money Operations, has been appointed Regional Operations Director (West Region).
Oladokun Oye, former Regional Operations Director (Lagos Region) has been drafted to the Headquarters to head Airtel’s Direct Sales Directorate and tasked with not only driving and improving customer experience and profitability of this business segment but also grow and develop new direct sales channels.
Chief Executive Officer and Managing Director, Airtel Nigeria, Segun Ogunsanya, extended warm felicitations to all for the new opportunity, noting that the reorganization which isin line with Airtel’s organizational commitment to continually provide opportunities for its internal talents would also help the company consolidate on its gains in the market.
Prior to his appointment as Regional Operations Director (North Region) Muhammad Bashir Ibrahim was Zonal Business Manager (North Midland) where he was instrumental to managing Airtel’s presence in the war-torn regions of the North East. Ibrahim is a 1997 Mechanical/Production Engineering graduate of Abubakar Tafawa Balewa University and has close to two decade experience across multiple sectors and geographies.
Previously Head, Indirect Sales at Airtel Nigeria, Oladapo Dosumu, a 1999 Lagos State University MBA degree holder, managed the transition of Airtel’s Channel Partners based distribution model to a more robust model having multiple routes to market. Before joining Airtel, Dosunmu was Head, Distribution, Glozone & Branding at Globacom Nigeria. He had also held different positions at Coca-Cola Hellenic Bottlers, heading different divisions including Commercial Process and Demand Planning, Commercial Projects and Regional Sales Manager.
Olusina Adegoke has over 21 years of Sales Management and Leadership experience across the Telecommunications, Finance, FMCG and Pharmaceutical industries. Prior to joining Airtel, he worked at Etisalat Nigeria Limited as the Head of Region (South West) between 2013 – 2015. He has also held different leadership roles in Coca-Cola and May & Baker Plc.He holds a Bachelor of Pharmacy degree from Obafemi Awolowo University and MBA (Marketing) from the same university.
Oladokun Oyeis a graduate of Hertfordshire, UK, Adekunle Ajasin University, Lagos State University, and Lagos Business School, and started his career as Assistant Brand Manager, Trans-Global Market International, before joining Avdel Limited (formerly Act Global Technologies) UK as Senior Sales Manager.
At Avdel Limited, he was responsible for managing customers in Northern UK and Scotland, managing key portfolios that included Ford, Jaguar, Electrolux, Rolls Royce, Caterpillar, Siemens and Scheider, coordinating concessionaires/distributors in Norway, Finland and Holland as well as managing ongoing product forecast, implementing product training programmes for the sales force, amongst others.
Wole Abu, a 1990 Chemical Engineering graduate of University of Benin,has held various positions at Airtel Nigeria including Project Manager (2004-2006), Head of Division, Business Support (2006-2008), Regional Sales Manager (2009-2010), Zonal Business Manager (2010-2012), General Manager, Acquisition – Marketing (2012-2014) and Regional Operations Director, North Region (June 2014 to February 2017). Abu has an MBA from the Lagos Business School and was President of the Airtel Staff Multipurpose Cooperative Society from 2011-2015.
Veronica Onoja is tasked with bringing her significant experience in the East Africa money market to bear in driving Airtel Money’s business segment to profitable growth. In her previous role as Regional Operations Director for the South region, she won various accolades including best performing region and was pivotal to Airtel’s success in the last financial year.
Onoja, a 1997 Psychology graduate of University of Jos, joined Airtel in 2003 and has held various positions including Key Account Consultant, Distribution Specialist, Distribution Manager, Head of Division, Commercial; Regional Sales Manager, Zonal Business Manager, Sales Operations Director (Airtel Tanzania), and Regional Operations Director.
News
New Horizons Invests N50m to Empower Almajiris with Skills

New Horizons Nigeria has launched a N50 million initiative aimed at transforming 21 Almajiri children into skilled computer technicians within 90 days, to tackle youth unemployment and harness human potential.

The Almajiri-to-Tech programme, officially launched in Abuja on Monday, provides participants with full training, meals, clothing, tools, and logistics support, all fully funded.
Speaking at the launch, the Chief Executive Officer of New Horizons, Tim Akano, said the programme represents a new journey in the history of Nigeria by restoring the original purpose of the Almajiri system, which he described as “children sent out to seek knowledge.”
“The word Almajiri comes from an Arabic term meaning emigrant and seeker of knowledge. Historically, children were sent to learn morals, responsibility, and skills to add value to society,” Akano said.
He added that the disruption of this system during colonial times forced many children onto the streets, a challenge that persists today.
Akano highlighted the urgency of addressing the Almajiri issue, noting that there are an estimated 15 million Almajiris in the country, with a population growth rate of around three per cent annually.
“If we do not solve this problem as a country, we are sitting on a time bomb,” he warned.
According to him, the programme focuses on hands-on technical skills rather than theory. Trainees will learn to repair mobile phones, laptops, televisions, radios, standing fans, and other electronic devices, as well as build inverter batteries using recycled electronic waste.
“We are not teaching theory. We are teaching practical skills you can use to earn a living,” Akano said, stressing that the programme will not interfere with the participants’ Quranic education.
“We are still going to allow you, within the period of learning. Your learning computer here is not stopping your Quranic education.
“You still have time within our space here. Whenever you want to go and pray, you can pray, then come back to class,” the CEO stressed.
He added that participants will also receive daily meals, water, T-shirts identifying them as technicians-in-training, and access to all necessary tools and equipment throughout the 90-day programme.
Akano said the initiative is part of a larger mission by New Horizons Nigeria, which has spent the past 21 years training about 100,000 Nigerians annually in IT and related skills.
He said the new programme aims to “take human genius off the streets and convert it into human capital, enabling these youths to contribute meaningfully to the economy.”
He added that equipping Almajiris with skills could add 15 million people to Nigeria’s workforce and potentially increase the country’s GDP by as much as $20 billion, stressing that productivity depends on practical skills and opportunity.
“Everything that can be taught can be learned. If someone can memorize the Quran cover to cover, there is nothing that cannot be done. What they lack is information, opportunity, and infrastructure, and we are providing all of that,” Akano said.
Akano also stressed that the initiative is designed to inspire other organizations and government agencies to replicate similar programmes across the country.
“This is not just about 21 children; it is about showing Nigeria what is possible when resources meet intention and planning.
“If we succeed in empowering these Almajiris, we demonstrate that the country can turn social challenges into economic opportunities. It’s a blueprint for Nigeria’s future,” he said, noting that the initiative combines social reform, technical education, and economic empowerment.
Also speaking, one of the trainees, Fatima Umar, appreciated the organisers and promised to maximise the opportunity.
“We’ll make you proud of us. We have nothing to say here but to thank and appreciate you. May Almighty Allah continue to guide and protect you,” Umar said.
News
IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

International Monetary Fund has upgraded Nigeria’s 2026 economic growth projection to 4.4 per cent, reflecting improved macroeconomic stability and sustained reforms.

IMF
The January 2026 World Economic Outlook Update forecasts Nigeria’s growth trajectory at 4.1 per cent in 2024, 4.2 per cent in 2025, and 4.4 per cent in 2026—a 0.2 percentage point increase from the October 2025 estimate.
This aligns with sub-Saharan Africa’s projected 4.6 per cent expansion in 2026 and 2027, driven by regional stabilisation efforts.
Globally, the IMF anticipates 3.3 per cent growth amid resilient conditions tempered by trade policy shifts and technology investments. For Nigeria, declining energy prices—expected to fall seven per cent due to weak demand—pose risks, though OPEC+ coordination and China’s stockpiling provide support.
Despite the optimism, downside risks persist from Middle East and Ukraine tensions, protectionism, high debt, and fiscal deficits. The Fund recommends rebuilding fiscal buffers, ensuring central bank independence, and limiting temporary fiscal measures to maintain stability.
Nigeria’s success hinges on consistent reforms and resilience against domestic and global shocks, the IMF concluded.
News
Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day (mbpd) in November 2025 from 1.496 mbpd in October.

OPEC
The figure, drawn from secondary sources in OPEC’s December 2025 Monthly Oil Market Report, fell short of Nigeria’s 1.5 mbpd quota. Direct communication data showed output at 1.436 mbpd, up from October’s 1.401 mbpd, but still below target.
Nigeria produces around 196,028 bpd of condensate, excluded from quota calculations per Nigerian Upstream Petroleum Regulatory Commission figures. Year-on-year, November’s output marked a slight gain over 1.417 mbpd in November 2024.
Expert Cites Insecurity, Governance Gaps
Petroleum economics expert Wumi Iledare described the quota miss as unsurprising, blaming persistent insecurity, an ageing oil basin lacking new finds, and unoffered hydrocarbon blocks. Governance shortcomings and policy uncertainty further erode investor confidence, he noted.
Selective implementation of the Petroleum Industry Act worsens the situation, with Nigeria needing a single authoritative leader for the sector rather than multiple proxies, Mr Iledare stressed. The country has struggled to consistently hit OPEC targets for years.
E-Financial1 day agoHere Are Nigerian Banks That Have Secured Their Licences
E-Financial1 day agoZenith Bank Top Nigerian Bank Pick Ahead of GTCO, AccessCorp
Telecom1 day agoMTN CEO Toriola Hails Nigeria’s Telecom Transformation at MIPAD
News1 day agoICPC Charges Ozekhome with Forgery, Corruption Over London Property
E-Financial1 day agoNigeria Processed $92.1Bn Crypto Transactions in 12 Months — PwC
Telecom1 day agoLebara Launches Agent Registration Portal
E-Business1 day agoElon Musk Seeks $134Bn from OpenAI, Microsoft for ‘Wrongful Gains’
E-Financial1 day agoHow Crypto Criminals Stole $700m from People – often Using Age-Old Tricks












